 "Manojit Saha")
Manojit Saha
Manojit Saha
Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha is the Banking Editor for Business Standard and is based in Mumbai. He has been tracking the financial sector for over two decades, with a focus on the Reserve Bank of India and monetary policy. He has also contributed to Business Standard's digital offering - The Banking Show - with interviews with business leaders, CEOs and key policy makers. He has anchored panel discussions between CEOs from banking, insurance, NBFCs and fintech industry for the Business Standard BFSI Insight Summit, and the Business Standard-IMGC India Mortgage Leadership Conclave, among others.
Manojit Saha
Bancassurance will be key to the insurance for all by 2047 goal: Padalkar
HDFC Life CEO Vibha Padalkar expects growth to return to early teens, with bancassurance, term insurance and non-par products driving expansion
 "Bancassurance will be key to the insurance for all by 2047 goal: Padalkar")
Kaizad Bharucha seen as strong contender for HDFC Bank's MD & CEO post
HDFC Bank's CEO succession race is heating up, with Kaizad Bharucha emerging as a strong internal contender alongside senior bankers from ICICI, Tata Capital and CSB Bank
 "Kaizad Bharucha seen as strong contender for HDFC Bank's MD & CEO post")
HDFC Bank's Sashidhar Jagdishan moots a 'clean slate' for successor
Challenges before India's largest private bank: From finding a new MD & CEO to reviving its margins
 "HDFC Bank's Sashidhar Jagdishan moots a 'clean slate' for successor")
HDFC Bank may resort to interim arrangement till it gets a regular CEO
Among internal candidates, Bharucha still has more than two years as board member
 "HDFC Bank may resort to interim arrangement till it gets a regular CEO")
DBS Bank India 'won't be all things to all people': MD & CEO Rajat Verma
DBS Bank India says the bank is keen to invest and grow the retail lending business but will be judicious in choice of retail products that they will offer
 "DBS Bank India 'won't be all things to all people': MD & CEO Rajat Verma")
RBI may tighten liquidity via iCRR before resorting to repo rate hike
The RBI may use an incremental CRR to absorb rising surplus liquidity before raising the repo rate, as core liquidity could approach ₹10 trillion in coming weeks
 "RBI may tighten liquidity via iCRR before resorting to repo rate hike")
Monsoon revival 'partly mitigates' agri sector risks: RBI's August Bulletin
FDI flows revives in June: Robust Q1 eco momentum continued in July
 "Monsoon revival 'partly mitigates' agri sector risks: RBI's August Bulletin")
'Not suggesting next policy move is a hike, but there is a need to relook'
RBI MPC member Saugata Bhattacharya says the repo rate may need reassessment if inflation broadens, but current data does not warrant a rate-hike cycle
 "'Not suggesting next policy move is a hike, but there is a need to relook'")
HDFC, PNB lead banks lining up for the next wave of dollar bonds
HDFC Bank's latest $1.75 billion fundraise through the twin dollar bond issuance takes the bank's total fundraising through dollar bonds over the past two months to $2.5 billion
 "HDFC, PNB lead banks lining up for the next wave of dollar bonds")
RBI MPC members hint at rate hike as inflation may rise in coming months
RBI MPC members flagged the possibility of a rate hike as headline inflation is projected to peak at 5.9 per cent in the third quarter of the current financial year
 "RBI MPC members hint at rate hike as inflation may rise in coming months")
Growth has to be achieved with hawkish eye on risk: South Indian Bank
South Indian Bank targets ₹3.25 trillion in total business within three years, with a focus on digital banking, retail assets, stronger efficiency and expansion into western India
 "Growth has to be achieved with hawkish eye on risk: South Indian Bank")
Why Jio Credit is emerging as Bank of America's key India growth engine
Bank of America's $1.9 billion investment could fuel Jio Credit's growth for at least two years as the fast-growing NBFC expands into new areas of lending.
 "Why Jio Credit is emerging as Bank of America's key India growth engine")
RBI officers seek HR policy review, time-bound promotions up to Grade E
Staff body seeks five-year qualifying service for financial upgradation across grades up to Grade E and calls for a more inclusive work environment for women officers
 "RBI officers seek HR policy review, time-bound promotions up to Grade E")
A dovish pause: RBI holds steady, rate hike off the table in FY27
The RBI cited uncertainties around the monsoon, El Nino, geopolitics and global trade while opting to keep policy rates unchanged for a fourth meeting
 "A dovish pause: RBI holds steady, rate hike off the table in FY27")
Govt tweaks MFI credit guarantee rules to boost scheme utilisation
The government has eased norms under the microfinance credit guarantee scheme to boost fund flow to smaller lenders as utilisation of the ₹20,000-crore corpus remains low
 "Govt tweaks MFI credit guarantee rules to boost scheme utilisation")
HSBC leads in FCNR (B) deposit mobilisation with over $5 billion
HSBC has mobilised over $5 billion in FCNR(B) deposits under the RBI's swap scheme, leveraging its global network and expanding NRI banking presence in India
 "HSBC leads in FCNR (B) deposit mobilisation with over $5 billion")
RBI proposes stricter data governance framework for banks, NBFCs
The RBI has proposed a comprehensive data governance framework for banks and NBFCs, focusing on customer consent, data quality, third-party sharing and board oversight
 "RBI proposes stricter data governance framework for banks, NBFCs")
ATM cash-loading staff call strike in some states demanding wage revision
A strike by cash-loading staff of cash management companies may disrupt ATM cash replenishment in several states as workers press for higher wages
 "ATM cash-loading staff call strike in some states demanding wage revision")
FDI will gather pace in H2CY26, says Citi India CEO K Balasubramanian
Balasubramanian said the Reserve Bank of India's recent measures to attract foreign capital could bring as much as $75 billion in inflows
 "FDI will gather pace in H2CY26, says Citi India CEO K Balasubramanian")
SBI joins global banks to fund Sun Pharma's $11.75 billion Organon buy
SBI is the only domestic bank to participate in the loan syndication
 "SBI joins global banks to fund Sun Pharma's $11.75 billion Organon buy")